STOCK TRADING NEWS: MARKET SEGMENT OF THE DAY - STOCK INDEXES 01-13-09
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Tuesdays segment is Stock Indexes and Ron Smith wants to see the volatility leaving these markets so that margins can come down. Margins are extremely high from what they were six months ago. The ATR is also very high in these markets.
He talks about the speculation in the Crude Oil futures markets and how the prices have fluctuated over the past year. The need for money sees these markets in decline and most of the gyrations that are seen today is profit taking.
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